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FORECAST INTERNATIONAL PREDICTS $213 BILLION REGIONAL MARKET OVER 15 YEARS
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FULL SPEED AHEAD FOR ANTI-SHIP MISSILE MARKET
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AIRCRAFT CARRIERS MARK GROWTH OF REGIONAL NAVIES
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FORECAST INTERNATIONAL: BOEING ON A ROLL; BOTH CIVIL AND MILITARY MARKETS REMAIN STRONG
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DEFENSE FIRMS SEE STRONG GROWTH POTENTIAL AS UPSWING BEGINS
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COMMERCIAL COMSAT MAKERS CASHING IN ON HOT MARKET
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FORECAST INTERNATIONAL: 15-YEAR WORLD AVIATION TURBOSHAFT MARKET WORTH $34 BILLION
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FORECAST INTERNATIONAL PREDICTS $4.15 TRILLION LARGE JETLINER MARKET OVER 15 YEARS
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FOLLOWING U.S. ATTACK ON SYRIAN AIR BASE, FI OFFERING DETAILED TOMAHAWK CRUISE MISSILE REPORT
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POLITICS TO AFFECT SHAPE OF U.S. DEFENSE ELECTRONICS MARKET
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FORECAST INTERNATIONAL: HIGHER DEFENSE BUDGETS LIKELY TO GIVE MEDIUM/HEAVY MILITARY ROTORCRAFT MARKET A LIFT
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FORECAST INTERNATIONAL ISSUES 'LAUNCH VEHICLES: YEAR IN REVIEW 2016.' STAGE SET FOR RENEWED ACTIVITY IN 2017
Jan 30, 2017
FPSO CONSTRUCTION POWERING MECHANICAL DRIVE MARKET
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ROLLS-ROYCE RULES THE NAVAL GAS TURBINE MARKET
Dec 12, 2016
FORECAST INTERNATIONAL RELEASES VERSION 3.1 OF ITS PLATINUM FORECAST SYSTEM
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BUSINESS JET MARKET TO RESUME POSITIVE GROWTH TREND
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Press Release

Contact: Douglas Royce
Phone: (203) 426-0800
Fax: (203) 426-4262
Web site: www.forecastinternational.com
E-mail: douglas.royce@forecast1.com
Forecast International, Inc.
22 Commerce Rd. Newtown, CT 06470 USA
 

FOR IMMEDIATE RELEASE

General Aviation/Utility Market Awaits Stronger Economies in U.S. and Europe


NEWTOWN, Conn. [October 3, 2011] In a new study titled "The Market for General Aviation/Utility Aircraft 2011-2020," Forecast International projects that general aviation and utility aircraft manufacturers will produce over 24,000 aircraft worth approximately $28 billion in the coming 10 years.

The Connecticut-based market research firm, which excluded the production of business jets and light sport aircraft from this study, notes that economic growth in the United States and Europe has undergone a period of slow growth since the end of the global financial crisis and recession. As the two regions represent the two primary markets for turboprop and piston-powered general aviation/utility aircraft, the tepid economic recovery in both areas has hurt growth in the general aviation market segment. Demand from other areas of the globe with higher economic growth, including emerging economies such as China, India, and Brazil, will not grow quickly enough to replace lost orders from customers in North America and Europe.

Production is forecast to climb slightly from 2011 through 2012, but the firm forecasts stronger growth starting in 2013, rising from a little over 1,900 aircraft in 2013 to more than 3,100 aircraft in 2020

Of the 24,385 aircraft forecast for production during 2011-2020, production of piston aircraft will account for just over 18,400 aircraft worth $8 billion. Production of turboprops will total almost 6,000 aircraft worth approximately $20.5 billion.

"There have been signs of strengthening demand in the piston market, but the increase has been from a very low base," said Douglas Royce, aerospace analyst at the company. "Getting production back to pre-recession levels will take years, if not the entire decade."

Forecast International, Inc. (www.forecastinternational.com) is a leading provider of Market Intelligence and Analysis in the areas of aerospace, defense, power systems and military electronics. Based in Newtown, Conn., USA, Forecast International specializes in long-range industry forecasts and market assessments used by strategic planners, marketing professionals, military organizations, and governments worldwide. To arrange an interview with Forecast International’s editors, please contact Ray Peterson, Vice President, Research & Editorial Services (203) 426-0800, ray.peterson@forecast1.com. Proprietary Special Research is also available. Contact Jonathan Watson, Managing Director, The Forecast Consulting Group (j.watson@forecast1.com). Questions regarding sales may be directed to sales@forecast1.com.



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